EU plan to impose import duty on cheap goods could dent Shein and Temu Brussels move to end tax loophole exploited by China-linked marketplaces could also hit Shein’s planned London listing
Labour landslide may boost investment and confidence in UK, say City analysts Strong mandate for Keir Starmer’s party should help restore Britain’s ‘safe haven’ status, knocked by Liz Truss and Brexit
Eurozone inflation eases but ECB likely to keep interest rates on hold Consumer prices slip to 2.5% but core rate stays high, prompting little belief in further cuts in borrowing costs
Soaring government debt could roil global financial markets, warns BIS head Agustín Carstens says world economy on course for ‘smooth landing’ after inflation but political turmoil poses risk
Global wave of elections could hit UK financial system, warns Bank of England Central bank raises concerns over newly elected governments as more than 80 countries go to polls this year
Balance effects of AI with profits tax and green levy, says IMF Governments should use fiscal policies to atone for technology-related carbon emissions, urges report
Russian ties and cheap tech: G7 leaders unequivocal in criticism of China Concerns set out over supply of materials with military applications, and impact of subsidies on global market
Stellantis says it will ‘fight’ for electric car sales rather than hide behind tariffs The owner of Vauxhall, Jeep and Fiat says it opposes EU measures against Chinese EVs and wants to compete ‘as a global company’
EU to put tariffs of up to 38% on Chinese electric vehicles as trade war looms Move, to be applied provisionally from July, would trigger duties of more than €2bn a year
Protectionism is slowing growth and entrenching poverty, says World Bank International cooperation that allowed poorest countries to close gap with wealthiest has fractured, says report
UK unemployment rising at fastest pace of OECD countries, analysis shows TUC says only Costa Rica had similar increase in first quarter as ONS data expected to show further rise in April
EU expected to impose import tariffs on Chinese electric vehicles Experts believe Beijing will retaliate with measures that could hit European exports from cheese to cognac
European Central Bank cuts main interest rate by 0.25 points ECB reduces rate to 3.75% across eurozone, putting it ahead of US Federal Reserve and Bank of England
UK clothing sales to EU plummet as Brexit red tape deters exporters Small and medium-sized firms badly hit as huge drop in apparel sales helps fuel 18% slide in all-non food exports